Business News (29th May, 2025)
Markets & Economy Sensex and Nifty Trade Flat: Indian markets showed limited movement today, with the Sensex hovering around 81,716 and the Nifty testing 24,750. The India VIX, a measure of market volatility, eased by 7%, indicating reduced investor anxiety . RBI Projects Positive Economic Outlook: The Reserve Bank of India anticipates robust growth for the Indian economy in FY2025-26, driven by increased consumption and government capital expenditure . Corporate & Financial News Ola Electric Reports Increased Losses: In Q4, Ola Electric's net loss more than doubled to ₹870 crore, with a significant 62% decline in sales Suzlon Energy's Profit Surges: Suzlon Energy reported a 365% year-over-year increase in consolidated profit, reaching ₹1,182 crore in Q4, attributed to strong revenue growth and improved margins . Global Trade & Policy US Court Blocks Trump-Era Tariffs: A US trade court has struck down tariffs imposed during Donald Trump's presidency. ...